Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$204,288$204,288$396,000
Remaining term (yrs)25.125.130.0
Secondary amount$0$191,712$0
Funding fee$1,021$1,021$0
Note rate2.500%2.500%7.400%
Blended rate2.500%5.163%7.640%
1st payment$909.94$909.94$2,741.82
2nd payment$0.00$1,278.08$0.00
Taxes / mo$439.08$439.08$439.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.20
HOA / mo$138.00$138.00$138.00
Total monthly$1,637.02$2,915.10$3,548.11
Cash to close$235,712$44,000$44,000